Office to let in Laurie Street, Leith, Edinburgh EH6

Location

The Leith area of Edinburgh lies approximately 3 miles north of Princes Street in the city centre.

Laurie Street is situated at the southern end of Constitution Street, connecting Leith Walk with the Shore, but is accessed from Academy Street. The property itself is located on the south side of Laurie Street and is set back from the road behind a parking pend which fronts the property.

Nearby occupiers include Scottish Adoption Agency, Leith Dockers Club and various retailers at the nearby Newkirkgate Shopping Centre.

The area is well served by public transport with the Foot of the Walk tram stop only two minutes’ walk from the property.

Metered car parking is available in the vicinity.

Description

The subjects comprise first floor office premises forming part of a traditional building of stone construction with a pitched and tiled roof.

With no lift serving the first floor, the office is accessed by a staircase leading from an entrance hallway shared with Scottish Adoption Agency who occupy the ground floor.

The office provides open plan space across three areas with carpet floor coverings, data ports, and a small kitchenette. The ceiling is combed throughout with velux window openings.

Accommodation

According to our recent measurement survey the premises contain the following approximate net internal area:

102 sq m (1,099 sq ft)

Rent

Our client is seeking rental offers of £13,200 per annum to grant a new lease.

Terms

The premises are available for lease on flexible occupational license terms for a period to be agreed.

Rateable value

According to the Scottish Assessor’s website () the subjects have a rateable value of £10,200. The threshold for full rates relief under the Small Business Bonus Scheme has changed for the financial year 2024/2025. For properties with an rv between £12,001 and £15,000 the award is now 25%. The uniform business rate for the current year is £0.498 pence in the pound

Utilities

The property is served by mains gas, electricity and water. Apportionments for each utility are made with the ground floor tenant and adjoining properties. Further details are available on request.

Energy performance certificate

The Energy Performance Certificate rating is B.

A copy of the recommendation report is available on request.

Legal costs

Each party will meet their own costs with the ingoing tenant liable to pay a fee for the preparation of the License to Occupy.

Anti-money laundering

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.

Entry

Upon payment of a deposit and completion of a License to Occupy.

Viewing and further information

By contacting the sole letting agent:

Iain W. Mercer ba, AssocRICS
Director of Commercial Agency (East /

Bernadetta Majewska BSc (Hons) mrics
Commercial Surveyor /